Technological innovations and advances have spread into every sphere of life, and banking is no exception. With competition being fierce, business, especially banking, has to adopt new methods and techniques.This text examines the latest developments in the Indian Financial System and the roles the Indian banking sector has played in the development of the economy. Practical and comprehensive, the book discusses modern trends in Indian banking, especially its use of new technology. It covers a wide range of topics, including financial markets and institutions; the role of central banks in different countries; basic lending principles; methods of remittance; and micro-credit. It also examines venture capital, credit rating, modern e-payment systems, core banking, and hi-tech banking

Public finance, as an important branch of economics, deals with government budgeting, taxation, public expenditure, borrowings, deficit financing, and intergovernmental financial relations. A working knowledge of terms and concepts pertaining to government finances is a must. This dictionary contains a careful selection of key terms and concepts in public finance which are considered important for a cross-section of readers including teachers and students of economics, commerce, law, and management. This valuable reference work will also be useful for bankers, corporate executives, legislators, and government officials.